Sector Alpha Week of 2026-07-29
20-quarter listed-company comparison

Chemicals - Organic Stocks in India

Chemicals - Organic: BASF India Ltd owns the largest revenue base; OCCL Ltd has the fastest current growth.

Nifty Chemicals - Organic Index — Constituents & Performance

The Chemicals - Organic companies below are the listed Indian Chemicals - Organic universe this page tracks — the same constituent set people search for as the Nifty Chemicals - Organic index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

The sector itself · before any single company

How has Chemicals - Organic moved against NIFTY 500?

The line below covers 5.1 years. Over the most recent two of them this sector is 0% behind NIFTY 500. Earnings across its companies fell 24% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 16 weeks running.

LEADER · ahead 16w~Moving with the index11 of 15 companies ahead of NIFTY 500 by 5% or more over three months

RS ↑16w · 13/15 >200d (+3) · 11/15 lead (−1) · EPS 7/14↑

200300202620252024202320222021 284336 TRAILING 12-MONTH EPS · 100 AT THE START0100123Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reporting · thin coverageSep 2022 · trailing 12-month earnings per share at 105, against 100 at the start · no comparable year yet · 3 reporting · thin coverageDec 2022 · trailing 12-month earnings per share at 115, against 100 at the start · no comparable year yet · 3 reporting · thin coverageMar 2023 · trailing 12-month earnings per share at 120, against 100 at the start · no comparable year yet · 3 reporting · thin coverageJun 2023 · trailing 12-month earnings per share at 123, against 100 at the start · up 45.5% on a year ago · 4 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 14.5% on a year ago · 9 reportingDec 2023 · trailing 12-month earnings per share at 108, against 100 at the start · down 24.3% on a year ago · 9 reportingMar 2024 · trailing 12-month earnings per share at 107, against 100 at the start · down 5.9% on a year ago · 9 reportingJun 2024 · trailing 12-month earnings per share at 111, against 100 at the start · down 11.6% on a year ago · 9 reportingSep 2024 · trailing 12-month earnings per share at 115, against 100 at the start · up 9.0% on a year ago · 10 reportingDec 2024 · trailing 12-month earnings per share at 111, against 100 at the start · up 1.2% on a year ago · 10 reportingMar 2025 · trailing 12-month earnings per share at 100, against 100 at the start · down 0.3% on a year ago · 13 reportingJun 2025 · trailing 12-month earnings per share at 77, against 100 at the start · down 12.9% on a year ago · 11 reportingSep 2025 · trailing 12-month earnings per share at 76, against 100 at the start · down 37.9% on a year ago · 13 reportingDec 2025 · trailing 12-month earnings per share at 70, against 100 at the start · down 38.4% on a year ago · 11 reportingMar 2026 · trailing 12-month earnings per share at 85, against 100 at the start · down 5.4% on a year ago · 13 reportingNot reported yet — earnings trail price by a quarter or two85 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
200300202620252024202320222021 284336 TRAILING 12-MONTH EPS · 100 AT THE START0100123Mar 23Mar 24Mar 25Mar 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reporting · thin coverageSep 2022 · trailing 12-month earnings per share at 105, against 100 at the start · no comparable year yet · 3 reporting · thin coverageDec 2022 · trailing 12-month earnings per share at 115, against 100 at the start · no comparable year yet · 3 reporting · thin coverageMar 2023 · trailing 12-month earnings per share at 120, against 100 at the start · no comparable year yet · 3 reporting · thin coverageJun 2023 · trailing 12-month earnings per share at 123, against 100 at the start · up 45.5% on a year ago · 4 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 14.5% on a year ago · 9 reportingDec 2023 · trailing 12-month earnings per share at 108, against 100 at the start · down 24.3% on a year ago · 9 reportingMar 2024 · trailing 12-month earnings per share at 107, against 100 at the start · down 5.9% on a year ago · 9 reportingJun 2024 · trailing 12-month earnings per share at 111, against 100 at the start · down 11.6% on a year ago · 9 reportingSep 2024 · trailing 12-month earnings per share at 115, against 100 at the start · up 9.0% on a year ago · 10 reportingDec 2024 · trailing 12-month earnings per share at 111, against 100 at the start · up 1.2% on a year ago · 10 reportingMar 2025 · trailing 12-month earnings per share at 100, against 100 at the start · down 0.3% on a year ago · 13 reportingJun 2025 · trailing 12-month earnings per share at 77, against 100 at the start · down 12.9% on a year ago · 11 reportingSep 2025 · trailing 12-month earnings per share at 76, against 100 at the start · down 37.9% on a year ago · 13 reportingDec 2025 · trailing 12-month earnings per share at 70, against 100 at the start · down 38.4% on a year ago · 11 reportingMar 2026 · trailing 12-month earnings per share at 85, against 100 at the start · down 5.4% on a year ago · 13 reportingNot reported yet — earnings trail price by a quarter or two85No earnings on file this far back — the price series reaches further than the filings do
Chemicals - Organic, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy Broadening down the ladderHow much of the sector is participating, how recently, and whether the movers score well.
Together11 of 15 stocks moving
Fresh2 crossed in the last 4 weeks
Backed by scoresmovers score +2 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large 0/3−2
Mid 5/60
Small 6/6+1

Participation is spreading downward — the mid and small companies added more this month than the large ones did.

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 15 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Chemicals - Organic outperforming NIFTY 500?

The 52-week comparison of Chemicals - Organic against NIFTY 500 is not available from the current market series. 9 of 18 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Nitta Gelatin India Ltd is the strongest against the sector itself at +71.7%. Readings are as of 2026-07-19.

Sector vs NIFTY 500 · 13 weeks
Sector vs NIFTY 500 · 52 weeks
9/18Stocks leading NIFTY 500
5/16Stocks leading sector

Sector metric: 51.0 as of 2026-07-19 · BROADENING · falling.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

The 52-week sector comparison is unavailable. 9 of 18 covered companies currently have positive Mansfield relative strength versus NIFTY 500. BASF India Ltd leads with revenue of ₹15,078 crore, based on 18 of 20 comparable companies through Mar 2026. OCCL Ltd has the fastest current revenue growth at 65.4%, across 17 of 20 comparable companies.

Is the Chemicals - Organic sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 9 of 18 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

Which Chemicals - Organic company is largest by revenue?

BASF India Ltd leads with revenue of ₹15,078 crore, based on 18 of 20 comparable companies through Mar 2026.

Which Chemicals - Organic company is growing fastest?

OCCL Ltd has the fastest current revenue growth at 65.4%, across 17 of 20 comparable companies.

Which Chemicals - Organic company has the strongest 4-Factor Sector Score?

Nitta Gelatin India Ltd ranks first at 84.9/100 with 83.2% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Chemicals - Organic company reports the most CAPEX?

Fairchem Organics Ltd reports the largest latest CAPEX at ₹7 crore, with 3 of 20 companies comparable.

Which Chemicals - Organic company has the least gross debt?

Elantas Beck India Ltd has the lowest comparable gross debt at ₹0 crore. Laxmi Organic Industries Ltd has the highest at ₹543 crore.

Which Chemicals - Organic company has the lowest comparable PEG?

Laxmi Organic Industries Ltd has the lowest comparable Guarded PEG at 1.14, among 4 of 20 companies that pass the metric’s comparability rules.

How much history does this Chemicals - Organic comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Mar 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
20
complete canonical membership
Combined market value
₹67.8K Cr
BASF India Ltd
Revenue growing
10/17
positive TTM year-on-year growth
Beating NIFTY 500
9/18
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Nitta Gelatin India Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 83.2% evidence confidence.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Nitta Gelatin India Ltd · KERALACHEM

84.9/100 · Sector-leading setup · 83% evidence

Exact sum: 30.4 + 20.1 + 14.4 + 20 = 84.9

Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.

30.4/35Growth & earnings

Revenue 11.8% · PAT 34.1% · OPM change 10 pp

95% evidence

20.1/25Capital efficiency

ROCE 31.3% · debt/equity 0.02×

80% evidence

14.4/20Valuation

P/E 13.5× · PEG —

50% evidence

20.0/20Relative strength

RS sector 71.7% · RS bench 85.7% · 1Y 71.2%

100% evidence

2. Shri Ahimsa Naturals Ltd · SHRIAHIMSA

61.7/100 · Thin evidence · provisional · 56% evidence

Exact sum: 18.9 + 17.1 + 10.3 + 15.4 = 61.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

18.9/35Growth & earnings

Revenue — · PAT — · OPM change -2 pp

26% evidence

17.1/25Capital efficiency

ROCE 21.7% · debt/equity 0.1×

95% evidence

10.3/20Valuation

P/E 31.1× · PEG —

15% evidence

15.4/20Relative strength

RS sector 30.2% · RS bench 48.4% · 1Y 131.3%

100% evidence

3. Balaji Amines Ltd · BALAMINES

60.7/100 · Mixed-positive evidence · 83% evidence

Exact sum: 22 + 14.2 + 5.9 + 18.6 = 60.7

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

22.0/35Growth & earnings

Revenue 1.9% · PAT 7.6% · OPM change 7 pp

95% evidence

14.2/25Capital efficiency

ROCE 11% · debt/equity 0.07×

80% evidence

5.9/20Valuation

P/E 42.2× · PEG —

50% evidence

18.6/20Relative strength

RS sector 41.2% · RS bench 59.2% · 1Y 29.9%

100% evidence

4. Foseco India Ltd · FOSECOIND

60.6/100 · Mixed-positive evidence · 87% evidence

Exact sum: 20 + 16.6 + 11.5 + 12.5 = 60.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.0/35Growth & earnings

Revenue 26.9% · PAT 7.5% · OPM change 2 pp

100% evidence

16.6/25Capital efficiency

ROCE 17.4% · debt/equity 0×

100% evidence

11.5/20Valuation

P/E 39× · PEG 1.31

65% evidence

12.5/20Relative strength

RS sector 22.8% · RS bench -3.4% · 1Y 0.8%

70% evidence

5. Indo Amines Ltd · INDOAMIN

58.8/100 · Mixed-positive evidence · 81% evidence

Exact sum: 24.4 + 13.4 + 14.1 + 6.9 = 58.8

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -12.9% and the one-year return is -23%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

24.4/35Growth & earnings

Revenue 7.6% · PAT 42.9% · OPM change 2 pp

95% evidence

13.4/25Capital efficiency

ROCE 19.9% · debt/equity 0.79×

95% evidence

14.1/20Valuation

P/E 11.8× · PEG —

50% evidence

6.9/20Relative strength

RS sector -12.9% · RS bench -2.8% · 1Y -23%

70% evidence

6. OCCL Ltd · OCCLLTD

56.4/100 · Mixed-positive evidence · 61% evidence

Exact sum: 22.2 + 11.7 + 10.8 + 11.7 = 56.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

22.2/35Growth & earnings

Revenue 65.4% · PAT 100% · OPM change -1 pp

95% evidence

11.7/25Capital efficiency

ROCE 12.8% · debt/equity 0.2×

80% evidence

10.8/20Valuation

P/E 14.6× · PEG —

15% evidence

11.7/20Relative strength

RS sector — · RS bench 20.5% · 1Y —

25% evidence

7. Elantas Beck India Ltd · ELANTAS

52.2/100 · Mixed-positive evidence · 77% evidence

Exact sum: 18.9 + 19.1 + 7 + 7.2 = 52.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

18.9/35Growth & earnings

Revenue 11.1% · PAT 6.6% · OPM change 0 pp

95% evidence

19.1/25Capital efficiency

ROCE 21.2% · debt/equity 0×

80% evidence

7.0/20Valuation

P/E 50.3× · PEG —

50% evidence

7.2/20Relative strength

RS sector -7.6% · RS bench -4.3% · 1Y -33.5%

70% evidence

8. Valiant Organics Ltd · VALIANTORG

49.2/100 · Mixed-negative evidence · 87% evidence

Exact sum: 24.8 + 9.8 + 11 + 3.6 = 49.2

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -15.4% and the one-year return is -30.2%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

24.8/35Growth & earnings

Revenue 2.6% · PAT 100% · OPM change 2 pp

95% evidence

9.8/25Capital efficiency

ROCE 5.5% · debt/equity 0.34×

95% evidence

11.0/20Valuation

P/E 25.4× · PEG —

50% evidence

3.6/20Relative strength

RS sector -15.4% · RS bench -3.8% · 1Y -30.2%

100% evidence

9. GFL Ltd · GFLLIMITED

48.1/100 · Mixed-negative evidence · 66% evidence

Exact sum: 21.5 + 10.3 + 11.5 + 4.8 = 48.1

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.5/35Growth & earnings

Revenue 0% · PAT 100% · OPM change 2562 pp

71% evidence

10.3/25Capital efficiency

ROCE 2.1% · debt/equity 0×

95% evidence

11.5/20Valuation

P/E 11× · PEG —

15% evidence

4.8/20Relative strength

RS sector -14.7% · RS bench -16.8% · 1Y -30.1%

70% evidence

10. Fine Organic Industries Ltd · FINEORG

47.4/100 · Mixed-negative evidence · 100% evidence

Exact sum: 15.3 + 19.2 + 5.5 + 7.4 = 47.4

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

15.3/35Growth & earnings

Revenue 4.2% · PAT 1.7% · OPM change 1 pp

100% evidence

19.2/25Capital efficiency

ROCE 21.5% · debt/equity 0.03×

100% evidence

5.5/20Valuation

P/E 35.9× · PEG 2.7

100% evidence

7.4/20Relative strength

RS sector -4.8% · RS bench 8.7% · 1Y -4.7%

100% evidence

11. Jyoti Resins and Adhesives Ltd · JYOTIRES

47.3/100 · Mixed-negative evidence · 66% evidence

Exact sum: 11.7 + 21.2 + 11 + 3.4 = 47.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

11.7/35Growth & earnings

Revenue 8.7% · PAT -5.5% · OPM change -6 pp

83% evidence

21.2/25Capital efficiency

ROCE 50% · debt/equity 0×

80% evidence

11.0/20Valuation

P/E 14.3× · PEG —

15% evidence

3.4/20Relative strength

RS sector -20.6% · RS bench -30.3% · 1Y -42.9%

70% evidence

12. BASF India Ltd · BASF

45.0/100 · Mixed-negative evidence · 94% evidence

Exact sum: 12.4 + 12.5 + 12.3 + 7.8 = 45

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

12.4/35Growth & earnings

Revenue -0.4% · PAT -12.5% · OPM change 1 pp

100% evidence

12.5/25Capital efficiency

ROCE 14.5% · debt/equity 0.03×

100% evidence

12.3/20Valuation

P/E 38.4× · PEG 1.62

100% evidence

7.8/20Relative strength

RS sector -4.4% · RS bench -7.1% · 1Y -26.4%

70% evidence

13. Shree Ganesh Remedies Ltd · SGRL

43.8/100 · Mixed-negative evidence · 73% evidence

Exact sum: 8.2 + 16.8 + 8.6 + 10.2 = 43.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

8.2/35Growth & earnings

Revenue -17.3% · PAT -37.7% · OPM change -4.8 pp

83% evidence

16.8/25Capital efficiency

ROCE 19.2% · debt/equity 0.25×

80% evidence

8.6/20Valuation

P/E 35.1× · PEG —

50% evidence

10.2/20Relative strength

RS sector 2.3% · RS bench -9.9% · 1Y -17.8%

70% evidence

14. Laxmi Organic Industries Ltd · LXCHEM

39.1/100 · Mixed-negative evidence · 94% evidence

Exact sum: 10 + 9.6 + 12.7 + 6.8 = 39.1

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

10.0/35Growth & earnings

Revenue -4.6% · PAT -30.1% · OPM change -1 pp

100% evidence

9.6/25Capital efficiency

ROCE 4.7% · debt/equity 0.27×

100% evidence

12.7/20Valuation

P/E 63.2× · PEG 1.14

100% evidence

6.8/20Relative strength

RS sector -20.5% · RS bench 2.3% · 1Y -12.9%

70% evidence

15. Oriental Aromatics Ltd · OAL

37.2/100 · Mixed-negative evidence · 74% evidence

Exact sum: 12.1 + 7 + 8.7 + 9.4 = 37.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

12.1/35Growth & earnings

Revenue 11% · PAT -80% · OPM change -0.7 pp

95% evidence

7.0/25Capital efficiency

ROCE 4.5% · debt/equity 0.61×

95% evidence

8.7/20Valuation

P/E 379× · PEG —

15% evidence

9.4/20Relative strength

RS sector -9.8% · RS bench 12.9% · 1Y -12.1%

70% evidence

16. Fairchem Organics Ltd · FAIRCHEMOR

34.1/100 · Adverse evidence · 87% evidence

Exact sum: 11.4 + 6.3 + 6 + 10.4 = 34.1

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

11.4/35Growth & earnings

Revenue -14.6% · PAT -74.8% · OPM change 3.2 pp

95% evidence

6.3/25Capital efficiency

ROCE 3.3% · debt/equity 0.32×

95% evidence

6.0/20Valuation

P/E 157× · PEG —

50% evidence

10.4/20Relative strength

RS sector -9.6% · RS bench 2.8% · 1Y -26.2%

100% evidence

17. Gem Aromatics Ltd · GEMAROMA

30.1/100 · Adverse evidence · 60% evidence

Exact sum: 2.7 + 8.9 + 8.5 + 10 = 30.1

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

2.7/35Growth & earnings

Revenue -27.3% · PAT -80% · OPM change -8.4 pp

95% evidence

8.9/25Capital efficiency

ROCE 3.4% · debt/equity 0.34×

95% evidence

8.5/20Valuation

P/E 651× · PEG —

15% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

18. Sigachi Industries Ltd · SIGACHI

26.4/100 · Adverse evidence · 81% evidence

Exact sum: 5.3 + 8.1 + 9.6 + 3.4 = 26.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

5.3/35Growth & earnings

Revenue -2.1% · PAT -80% · OPM change -8.8 pp

95% evidence

8.1/25Capital efficiency

ROCE 6.2% · debt/equity 0.27×

95% evidence

9.6/20Valuation

P/E 29.9× · PEG —

50% evidence

3.4/20Relative strength

RS sector -35.5% · RS bench -12.7% · 1Y -36.2%

70% evidence

19. Sacheerome Ltd · SACHEEROME

60.6/100 · Thin evidence · provisional · 41% evidence

Exact sum: 17.6 + 20.9 + 10.2 + 11.9 = 60.6

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.6/35Growth & earnings

Revenue — · PAT — · OPM change 1 pp

26% evidence

20.9/25Capital efficiency

ROCE 35.7% · debt/equity 0×

95% evidence

10.2/20Valuation

P/E 33.3× · PEG —

15% evidence

11.9/20Relative strength

RS sector — · RS bench 45.1% · 1Y 145.8%

25% evidence

20. Citurgia Biochemicals Ltd · CITURGIA

39.3/100 · Thin evidence · provisional · 21% evidence

Exact sum: 12.5 + 6.8 + 10 + 10 = 39.3

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

12.5/35Growth & earnings

Revenue — · PAT -30.4% · OPM change —

29% evidence

6.8/25Capital efficiency

ROCE -2150% · debt/equity —

46% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

BASF India Ltd has the highest Revenue among the 20 Chemicals - Organic companies compared here, at ₹15,078 crore. Laxmi Organic Industries Ltd is next at ₹2,847 crore. OCCL Ltd has the highest Revenue growth at 65.4%, so level and change sit with different companies. 18 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: BASF India Ltd is the scale leader at ₹15,078 crore, 429.6% ahead of Laxmi Organic Industries Ltd. OCCL Ltd's growth is 65.4% from a ₹506 crore base, with 11 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderBASF India Ltd · ₹15,078 crore
Gap429.6% versus #2 · Laxmi Organic Industries Ltd
Persistence5/8 recent comparable periods
Coverage18/20 companies · 273 observations

Investor read: BASF India Ltd is the scale benchmark; OCCL Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: BASF India Ltd's growth falls below OCCL Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1BASF India Ltd BASF₹15.1K Cr
2Laxmi Organic Industries Ltd LXCHEM₹2.8K Cr
3Fine Organic Industries Ltd FINEORG₹2.4K Cr
4Balaji Amines Ltd BALAMINES₹1.4K Cr
5Indo Amines Ltd INDOAMIN⚠ unverified₹1.2K Cr
Revenue growthfastest growers
1OCCL Ltd OCCLLTD65%
2Foseco India Ltd FOSECOIND27%
3Nitta Gelatin India Ltd KERALACHEM12%
4Elantas Beck India Ltd ELANTAS11%
5Oriental Aromatics Ltd OAL⚠ unverified11%
Revenue · company comparison
18/20 level · 17/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
BASF India Ltd BASF₹3.4K Cr4.8%Mar 2026
Laxmi Organic Industries Ltd LXCHEM₹735 Cr3.5%Mar 2026
Fine Organic Industries Ltd FINEORG₹625 Cr3.0%Mar 2026
Balaji Amines Ltd BALAMINES₹395 Cr12%Mar 2026
Indo Amines Ltd INDOAMIN⚠ unverified₹318 Cr12%Mar 2026
Oriental Aromatics Ltd OAL⚠ unverified₹282 Cr12%Mar 2026
Elantas Beck India Ltd ELANTAS₹222 Cr7.8%Mar 2026
Valiant Organics Ltd VALIANTORG⚠ unverified₹218 Cr6.9%Mar 2026
Foseco India Ltd FOSECOIND₹202 Cr36%Mar 2026
Nitta Gelatin India Ltd KERALACHEM₹162 Cr26%Mar 2026
OCCL Ltd OCCLLTD₹149 Cr39%Mar 2026
Sigachi Industries Ltd SIGACHI⚠ unverified₹122 Cr-4.9%Mar 2026
Fairchem Organics Ltd FAIRCHEMOR⚠ unverified₹117 Cr-3.2%Mar 2026
Gem Aromatics Ltd GEMAROMA⚠ unverified₹110 Cr-45%Mar 2026
Sacheerome Ltd SACHEEROME⚠ unverified₹76 Cr33%Mar 2026
Jyoti Resins and Adhesives Ltd JYOTIRES₹72 Cr1.4%Dec 2025
Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified₹63 Cr15%Mar 2026
Shree Ganesh Remedies Ltd SGRL₹21 Cr-22%Dec 2025
GFL Ltd GFLLIMITED₹1 Cr0.0%Mar 2026
Citurgia Biochemicals Ltd CITURGIA₹0 CrDec 2025
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

₹586 Cr
₹471 Cr
₹464 Cr
₹381 Cr
₹383 Cr
₹414 Cr
₹385 Cr
₹347 Cr
₹313 Cr
₹353 Cr
₹358 Cr
₹341 Cr
₹331 Cr
₹395 Cr

BASF India Ltd · BASF

₹3.0K Cr
₹3.4K Cr
₹3.3K Cr
₹3.4K Cr
₹3.9K Cr
₹3.6K Cr
₹2.9K Cr
₹3.3K Cr
₹3.4K Cr
₹3.7K Cr
₹3.3K Cr
₹3.4K Cr
₹4.0K Cr
₹4.2K Cr
₹3.6K Cr
₹3.3K Cr
₹3.9K Cr
₹3.9K Cr
₹3.9K Cr
₹3.4K Cr

Citurgia Biochemicals Ltd · CITURGIA

₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr

Elantas Beck India Ltd · ELANTAS

₹165 Cr
₹169 Cr
₹173 Cr
₹163 Cr
₹174 Cr
₹177 Cr
₹191 Cr
₹184 Cr
₹197 Cr
₹206 Cr
₹210 Cr
₹217 Cr
₹215 Cr
₹222 Cr

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

₹102 Cr
₹152 Cr
₹161 Cr
₹152 Cr
₹148 Cr
₹161 Cr
₹165 Cr
₹139 Cr
₹114 Cr
₹121 Cr
₹131 Cr
₹112 Cr
₹100 Cr
₹117 Cr

Fine Organic Industries Ltd · FINEORG

₹358 Cr
₹438 Cr
₹463 Cr
₹617 Cr
₹748 Cr
₹919 Cr
₹760 Cr
₹597 Cr
₹547 Cr
₹540 Cr
₹488 Cr
₹547 Cr
₹550 Cr
₹596 Cr
₹517 Cr
₹607 Cr
₹588 Cr
₹597 Cr
₹555 Cr
₹625 Cr

Foseco India Ltd · FOSECOIND

₹75 Cr
₹87 Cr
₹87 Cr
₹99 Cr
₹100 Cr
₹103 Cr
₹106 Cr
₹111 Cr
₹121 Cr
₹123 Cr
₹122 Cr
₹123 Cr
₹125 Cr
₹141 Cr
₹136 Cr
₹149 Cr
₹157 Cr
₹151 Cr
₹189 Cr
₹202 Cr

Jyoti Resins and Adhesives Ltd · JYOTIRES

₹67 Cr
₹65 Cr
₹61 Cr
₹63 Cr
₹62 Cr
₹71 Cr
₹69 Cr
₹65 Cr
₹71 Cr
₹79 Cr
₹75 Cr
₹74 Cr
₹72 Cr

Laxmi Organic Industries Ltd · LXCHEM

₹736 Cr
₹608 Cr
₹860 Cr
₹880 Cr
₹757 Cr
₹652 Cr
₹655 Cr
₹730 Cr
₹729 Cr
₹652 Cr
₹694 Cr
₹792 Cr
₹718 Cr
₹771 Cr
₹786 Cr
₹710 Cr
₹693 Cr
₹700 Cr
₹719 Cr
₹735 Cr

Nitta Gelatin India Ltd · KERALACHEM

₹140 Cr
₹130 Cr
₹116 Cr
₹123 Cr
₹118 Cr
₹115 Cr
₹131 Cr
₹132 Cr
₹135 Cr
₹129 Cr
₹139 Cr
₹138 Cr
₹150 Cr
₹162 Cr

Oriental Aromatics Ltd · OAL⚠ unverified

₹199 Cr
₹195 Cr
₹196 Cr
₹227 Cr
₹197 Cr
₹216 Cr
₹216 Cr
₹237 Cr
₹223 Cr
₹253 Cr
₹226 Cr
₹271 Cr
₹252 Cr
₹282 Cr

Sigachi Industries Ltd · SIGACHI⚠ unverified

₹69 Cr
₹72 Cr
₹85 Cr
₹99 Cr
₹111 Cr
₹104 Cr
₹96 Cr
₹125 Cr
₹139 Cr
₹128 Cr
₹128 Cr
₹110 Cr
₹117 Cr
₹122 Cr

Revenue growth · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

-35%
-12%
-17%
-8.9%
-18%
-15%
-7.0%
-1.7%
5.8%
12%

BASF India Ltd · BASF

69%
38%
31%
29%
5.2%
-12%
-3.3%
-13%
3.5%
15%
2.5%
18%
15%
9.3%
-2.2%
-2.3%
-8.3%
6.3%
4.8%

Elantas Beck India Ltd · ELANTAS

5.5%
4.7%
10%
13%
13%
16%
10.0%
18%
9.1%
7.8%

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

45%
5.7%
2.7%
-8.9%
-23%
-25%
-21%
-20%
-12%
-3.2%

Fine Organic Industries Ltd · FINEORG

109%
110%
64%
-3.2%
-27%
-41%
-36%
-8.4%
0.6%
10%
5.9%
11%
6.9%
0.2%
7.4%
3.0%

Foseco India Ltd · FOSECOIND

33%
18%
22%
12%
21%
19%
15%
11%
3.3%
15%
11%
21%
26%
7.1%
39%
36%

Jyoti Resins and Adhesives Ltd · JYOTIRES

-7.5%
9.2%
13%
3.2%
15%
11%
8.7%
14%
1.4%

Laxmi Organic Industries Ltd · LXCHEM

2.9%
7.2%
-24%
-17%
-3.7%
0.0%
6.0%
8.5%
-1.5%
18%
13%
-10%
-3.5%
-9.2%
-8.5%
3.5%

Nitta Gelatin India Ltd · KERALACHEM

-16%
-12%
13%
7.3%
14%
12%
6.1%
4.6%
11%
26%

Oriental Aromatics Ltd · OAL⚠ unverified

-1.0%
11%
10%
4.4%
13%
17%
4.5%
15%
13%
12%

Sacheerome Ltd · SACHEEROME⚠ unverified

54%
33%

Sigachi Industries Ltd · SIGACHI⚠ unverified

61%
44%
13%
26%
26%
23%
34%
-12%
-16%
-4.9%
02 · compare level, then change

Operating Economics & Margin Trend

Shree Ganesh Remedies Ltd has the highest OPM among the 20 Chemicals - Organic companies compared here, at 31.9%. Nitta Gelatin India Ltd is next at 28%. GFL Ltd has the highest Margin change at +2562 percentage points, so level and change sit with different companies. 19 of 20 companies report a comparable reading, the latest through Dec 2025.

What the numbers say: Shree Ganesh Remedies Ltd leads opm at 31.9%; GFL Ltd leads margin change at +2562 percentage points.

LeaderShree Ganesh Remedies Ltd · 31.9%
Gap13.9% versus #2 · Nitta Gelatin India Ltd
Persistence4/8 recent comparable periods
Coverage19/20 companies · 315 observations

Investor read: Shree Ganesh Remedies Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Shree Ganesh Remedies Ltd SGRL32%
2Nitta Gelatin India Ltd KERALACHEM28%
3Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified28%
4Jyoti Resins and Adhesives Ltd JYOTIRES26%
5Balaji Amines Ltd BALAMINES24%
Margin changefastest expanders
1GFL Ltd GFLLIMITED+2,562.0 pp
2Nitta Gelatin India Ltd KERALACHEM+10.0 pp
3Balaji Amines Ltd BALAMINES+7.0 pp
4Fairchem Organics Ltd FAIRCHEMOR⚠ unverified+3.2 pp
5Foseco India Ltd FOSECOIND+2.0 pp
Operating margin · company comparison
19/20 level · 19/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
Shree Ganesh Remedies Ltd SGRL32%−4.8 ppDec 2025
Nitta Gelatin India Ltd KERALACHEM28%+10.0 ppMar 2026
Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified28%−2.0 ppMar 2026
Jyoti Resins and Adhesives Ltd JYOTIRES26%−6.0 ppDec 2025
Balaji Amines Ltd BALAMINES24%+7.0 ppMar 2026
Sacheerome Ltd SACHEEROME⚠ unverified23%+1.0 ppMar 2026
Fine Organic Industries Ltd FINEORG21%+1.0 ppMar 2026
Elantas Beck India Ltd ELANTAS20%0.0 ppMar 2026
Foseco India Ltd FOSECOIND20%+2.0 ppMar 2026
GFL Ltd GFLLIMITED19%+2,562.0 ppMar 2026
OCCL Ltd OCCLLTD16%−1.0 ppMar 2026
Gem Aromatics Ltd GEMAROMA⚠ unverified14%−8.5 ppMar 2026
Sigachi Industries Ltd SIGACHI⚠ unverified13%−8.8 ppMar 2026
Valiant Organics Ltd VALIANTORG⚠ unverified12%+2.0 ppMar 2026
Indo Amines Ltd INDOAMIN⚠ unverified11%+2.0 ppMar 2026
Laxmi Organic Industries Ltd LXCHEM7.0%−1.0 ppMar 2026
Oriental Aromatics Ltd OAL⚠ unverified6.9%−0.7 ppMar 2026
Fairchem Organics Ltd FAIRCHEMOR⚠ unverified6.9%+3.2 ppMar 2026
BASF India Ltd BASF3.0%+1.0 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

31%
25%
27%
25%
32%
27%
22%
20%
21%
14%
19%
24%
17%
17%
15%
17%
15%
18%
17%
24%

BASF India Ltd · BASF

8.2%
5.5%
4.1%
6.6%
6.8%
4.0%
0.3%
4.9%
4.5%
5.0%
6.0%
7.0%
8.0%
5.0%
5.0%
2.0%
6.0%
4.0%
4.0%
3.0%

Elantas Beck India Ltd · ELANTAS

13%
12%
15%
19%
17%
16%
17%
21%
20%
23%
20%
21%
20%
18%
18%
20%
19%
22%
21%
20%

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

24%
19%
13%
11%
18%
5.5%
3.6%
13%
7.2%
11%
13%
12%
13%
6.3%
6.9%
3.7%
4.0%
3.8%
4.2%
6.9%

Fine Organic Industries Ltd · FINEORG

14%
17%
17%
26%
29%
28%
21%
34%
26%
24%
24%
26%
25%
25%
20%
20%
21%
22%
17%
21%

Foseco India Ltd · FOSECOIND

9.2%
14%
13%
15%
14%
15%
17%
14%
15%
13%
16%
16%
19%
17%
17%
18%
16%
18%
22%
20%

Jyoti Resins and Adhesives Ltd · JYOTIRES

15%
12%
14%
13%
17%
20%
25%
31%
34%
34%
33%
30%
34%
30%
32%
31%
27%
28%
26%

Laxmi Organic Industries Ltd · LXCHEM

20%
5.1%
14%
9.7%
13%
4.4%
8.0%
8.0%
11%
6.0%
8.0%
11%
10%
10%
10%
8.0%
4.0%
5.0%
7.0%
7.0%

Nitta Gelatin India Ltd · KERALACHEM

8.3%
9.3%
14%
14%
14%
17%
27%
17%
29%
22%
23%
19%
21%
19%
20%
18%
20%
19%
25%
28%

Oriental Aromatics Ltd · OAL⚠ unverified

15%
8.6%
7.8%
11%
7.0%
6.6%
7.0%
4.7%
0.5%
4.9%
7.2%
9.7%
10%
12%
10%
7.6%
8.0%
6.4%
5.3%
6.9%

Sacheerome Ltd · SACHEEROME⚠ unverified

19%
22%
25%
23%

Sigachi Industries Ltd · SIGACHI⚠ unverified

22%
24%
19%
20%
21%
20%
20%
17%
19%
22%
20%
16%
22%
14%
24%
22%
19%
6.8%
4.9%
13%

Margin change · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

+7.6 pp
−1.1 pp
−2.5 pp
−6.0 pp
+0.6 pp
+2.5 pp
−5.5 pp
−5.1 pp
−11.1 pp
−13.5 pp
−3.0 pp
+4.0 pp
−4.0 pp
+3.0 pp
−4.0 pp
−7.0 pp
−2.0 pp
+1.0 pp
+2.0 pp
+7.0 pp

BASF India Ltd · BASF

+7.2 pp
−1.5 pp
−5.9 pp
−1.4 pp
−1.5 pp
−3.8 pp
−1.7 pp
−2.3 pp
+1.0 pp
+5.7 pp
+2.1 pp
+3.5 pp
0.0 pp
−1.0 pp
−5.0 pp
−2.0 pp
−1.0 pp
−1.0 pp
+1.0 pp

Elantas Beck India Ltd · ELANTAS

+10.9 pp
−11.5 pp
−8.0 pp
−0.4 pp
+3.9 pp
+4.1 pp
+2.1 pp
+1.7 pp
+2.7 pp
+7.1 pp
+3.0 pp
0.0 pp
0.0 pp
−5.0 pp
−2.0 pp
−1.0 pp
−1.0 pp
+4.0 pp
+3.0 pp
0.0 pp

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

+11.0 pp
+2.7 pp
−6.4 pp
−6.7 pp
−5.8 pp
−13.4 pp
−9.9 pp
+2.1 pp
−10.6 pp
+5.5 pp
+9.8 pp
−1.0 pp
+6.0 pp
−4.7 pp
−6.4 pp
−8.0 pp
−9.2 pp
−2.6 pp
−2.7 pp
+3.2 pp

Fine Organic Industries Ltd · FINEORG

−7.3 pp
−2.1 pp
+1.5 pp
+10.9 pp
+14.3 pp
+11.0 pp
+3.8 pp
+8.2 pp
−2.7 pp
−3.6 pp
+3.0 pp
−8.0 pp
−1.0 pp
+1.0 pp
−4.0 pp
−6.0 pp
−4.0 pp
−3.0 pp
−3.0 pp
+1.0 pp

Foseco India Ltd · FOSECOIND

+26.0 pp
+3.3 pp
+1.9 pp
+1.3 pp
+5.3 pp
+0.3 pp
+3.7 pp
−1.5 pp
+0.6 pp
−1.5 pp
−1.1 pp
+2.3 pp
+3.7 pp
+3.9 pp
+1.0 pp
+1.8 pp
−3.1 pp
+1.0 pp
+5.0 pp
+2.0 pp

Jyoti Resins and Adhesives Ltd · JYOTIRES

+4.0 pp
−6.7 pp
+6.1 pp
+5.8 pp
+2.3 pp
+8.8 pp
+11.5 pp
+17.8 pp
+17.0 pp
+13.7 pp
+8.0 pp
−1.0 pp
0.0 pp
−4.0 pp
−1.0 pp
+1.0 pp
−7.0 pp
−2.0 pp
−6.0 pp

Laxmi Organic Industries Ltd · LXCHEM

+9.3 pp
−5.5 pp
−1.7 pp
−2.6 pp
−6.5 pp
−0.7 pp
−5.8 pp
−1.7 pp
−2.3 pp
+1.6 pp
0.0 pp
+3.0 pp
−1.0 pp
+4.0 pp
+2.0 pp
−3.0 pp
−6.0 pp
−5.0 pp
−3.0 pp
−1.0 pp

Nitta Gelatin India Ltd · KERALACHEM

−1.5 pp
−4.9 pp
+0.2 pp
+7.1 pp
+5.3 pp
+7.4 pp
+12.8 pp
+3.1 pp
+15.4 pp
+5.3 pp
−4.0 pp
+2.0 pp
−8.0 pp
−3.0 pp
−3.0 pp
−1.0 pp
−1.0 pp
0.0 pp
+5.0 pp
+10.0 pp

Oriental Aromatics Ltd · OAL⚠ unverified

−1.2 pp
−18.1 pp
−20.2 pp
−4.1 pp
−8.0 pp
−2.0 pp
−0.8 pp
−6.2 pp
−6.6 pp
−1.8 pp
+0.1 pp
+5.0 pp
+9.8 pp
+7.2 pp
+3.0 pp
−2.0 pp
−2.2 pp
−5.7 pp
−4.9 pp
−0.7 pp

Sacheerome Ltd · SACHEEROME⚠ unverified

+6.0 pp
+1.0 pp

Sigachi Industries Ltd · SIGACHI⚠ unverified

+2.0 pp
+1.2 pp
−1.9 pp
−1.5 pp
−3.9 pp
+1.1 pp
−3.4 pp
−1.5 pp
+1.9 pp
+0.0 pp
−1.1 pp
+2.7 pp
−7.8 pp
+3.4 pp
+6.6 pp
−3.2 pp
−7.0 pp
−18.9 pp
−8.8 pp
03 · compare level, then change

Profit Scale & Acceleration

BASF India Ltd has the highest Net profit among the 20 Chemicals - Organic companies compared here, at ₹420 crore. Fine Organic Industries Ltd is next at ₹417 crore. OCCL Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: BASF India Ltd leads with ₹420 crore of TTM profit, 0.7% above Fine Organic Industries Ltd. OCCL Ltd shows ≥100% on the scoring scale (118.2% uncapped) growth from a ₹48 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderBASF India Ltd · ₹420 crore
Gap0.7% versus #2 · Fine Organic Industries Ltd
Persistence3/8 recent comparable periods
Coverage18/20 companies · 273 observations

Investor read: BASF India Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1BASF India Ltd BASF₹420 Cr
2Fine Organic Industries Ltd FINEORG₹417 Cr
3Balaji Amines Ltd BALAMINES₹170 Cr
4Elantas Beck India Ltd ELANTAS₹145 Cr
5Nitta Gelatin India Ltd KERALACHEM₹110 Cr
Profit growthfastest growers
1OCCL Ltd OCCLLTD100%
2Valiant Organics Ltd VALIANTORG⚠ unverified100%
3Indo Amines Ltd INDOAMIN⚠ unverified43%
4Nitta Gelatin India Ltd KERALACHEM34%
5Balaji Amines Ltd BALAMINES7.6%
Net profit · company comparison
18/20 level · 16/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
Fine Organic Industries Ltd FINEORG₹117 Cr21%Mar 2026
BASF India Ltd BASF₹69 Cr156%Mar 2026
Balaji Amines Ltd BALAMINES₹65 Cr63%Mar 2026
Nitta Gelatin India Ltd KERALACHEM₹34 Cr79%Mar 2026
Foseco India Ltd FOSECOIND₹33 Cr50%Mar 2026
Elantas Beck India Ltd ELANTAS₹31 Cr-6.1%Mar 2026
GFL Ltd GFLLIMITED₹26 Cr160%Mar 2026
Laxmi Organic Industries Ltd LXCHEM₹22 Cr0.0%Mar 2026
Indo Amines Ltd INDOAMIN⚠ unverified₹21 Cr75%Mar 2026
OCCL Ltd OCCLLTD₹19 Cr111%Mar 2026
Valiant Organics Ltd VALIANTORG⚠ unverified₹16 Cr300%Mar 2026
Jyoti Resins and Adhesives Ltd JYOTIRES₹15 Cr-21%Dec 2025
Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified₹15 Cr25%Mar 2026
Sacheerome Ltd SACHEEROME⚠ unverified₹14 Cr56%Mar 2026
Sigachi Industries Ltd SIGACHI⚠ unverified₹8 Cr-53%Mar 2026
Oriental Aromatics Ltd OAL⚠ unverified₹4 Cr181%Mar 2026
Fairchem Organics Ltd FAIRCHEMOR⚠ unverified₹4 Cr525%Mar 2026
Shree Ganesh Remedies Ltd SGRL₹3 Cr-43%Dec 2025
Gem Aromatics Ltd GEMAROMA⚠ unverified₹1 Cr-96%Mar 2026
Citurgia Biochemicals Ltd CITURGIA₹-0 CrDec 2025
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

₹84 Cr
₹55 Cr
₹68 Cr
₹36 Cr
₹56 Cr
₹72 Cr
₹46 Cr
₹41 Cr
₹31 Cr
₹40 Cr
₹37 Cr
₹37 Cr
₹31 Cr
₹65 Cr

BASF India Ltd · BASF

₹197 Cr
₹137 Cr
₹110 Cr
₹150 Cr
₹197 Cr
₹113 Cr
₹11 Cr
₹82 Cr
₹113 Cr
₹149 Cr
₹140 Cr
₹161 Cr
₹221 Cr
₹128 Cr
₹104 Cr
₹27 Cr
₹137 Cr
₹107 Cr
₹107 Cr
₹69 Cr

Citurgia Biochemicals Ltd · CITURGIA

₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr

Elantas Beck India Ltd · ELANTAS

₹26 Cr
₹30 Cr
₹35 Cr
₹35 Cr
₹37 Cr
₹37 Cr
₹42 Cr
₹31 Cr
₹30 Cr
₹33 Cr
₹39 Cr
₹36 Cr
₹39 Cr
₹31 Cr

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

₹1 Cr
₹12 Cr
₹6 Cr
₹10 Cr
₹12 Cr
₹12 Cr
₹14 Cr
₹4 Cr
₹4 Cr
₹1 Cr
₹1 Cr
₹1 Cr
₹-0 Cr
₹4 Cr

Fine Organic Industries Ltd · FINEORG

₹36 Cr
₹50 Cr
₹52 Cr
₹122 Cr
₹160 Cr
₹203 Cr
₹106 Cr
₹149 Cr
₹100 Cr
₹103 Cr
₹94 Cr
₹115 Cr
₹113 Cr
₹117 Cr
₹83 Cr
₹97 Cr
₹117 Cr
₹109 Cr
₹74 Cr
₹117 Cr

Foseco India Ltd · FOSECOIND

₹6 Cr
₹9 Cr
₹8 Cr
₹12 Cr
₹11 Cr
₹11 Cr
₹12 Cr
₹14 Cr
₹28 Cr
₹15 Cr
₹16 Cr
₹16 Cr
₹19 Cr
₹19 Cr
₹20 Cr
₹22 Cr
₹22 Cr
₹16 Cr
₹15 Cr
₹33 Cr

Jyoti Resins and Adhesives Ltd · JYOTIRES

₹12 Cr
₹16 Cr
₹16 Cr
₹16 Cr
₹16 Cr
₹19 Cr
₹19 Cr
₹16 Cr
₹19 Cr
₹20 Cr
₹17 Cr
₹17 Cr
₹15 Cr

Laxmi Organic Industries Ltd · LXCHEM

₹102 Cr
₹15 Cr
₹82 Cr
₹58 Cr
₹65 Cr
₹9 Cr
₹27 Cr
₹24 Cr
₹38 Cr
₹11 Cr
₹27 Cr
₹44 Cr
₹34 Cr
₹28 Cr
₹29 Cr
₹22 Cr
₹21 Cr
₹11 Cr
₹25 Cr
₹22 Cr

Nitta Gelatin India Ltd · KERALACHEM

₹29 Cr
₹14 Cr
₹24 Cr
₹25 Cr
₹17 Cr
₹16 Cr
₹19 Cr
₹20 Cr
₹24 Cr
₹19 Cr
₹19 Cr
₹26 Cr
₹31 Cr
₹34 Cr

Oriental Aromatics Ltd · OAL⚠ unverified

₹4 Cr
₹1 Cr
₹-6 Cr
₹2 Cr
₹3 Cr
₹10 Cr
₹11 Cr
₹15 Cr
₹7 Cr
₹1 Cr
₹1 Cr
₹1 Cr
₹-2 Cr
₹4 Cr

Sigachi Industries Ltd · SIGACHI⚠ unverified

₹10 Cr
₹7 Cr
₹11 Cr
₹15 Cr
₹16 Cr
₹15 Cr
₹13 Cr
₹21 Cr
₹21 Cr
₹16 Cr
₹-101 Cr
₹11 Cr
₹-0 Cr
₹8 Cr

Profit growth · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

-33%
31%
-32%
14%
-45%
-44%
-20%
-9.8%
0.0%
63%

BASF India Ltd · BASF

-67%
-4.4%
0.0%
-18%
-90%
-45%
-43%
32%
1,173%
96%
96%
-14%
-26%
-83%
-38%
-16%
2.9%
156%

Elantas Beck India Ltd · ELANTAS

42%
23%
20%
-11%
-19%
-11%
-7.1%
16%
30%
-6.1%

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

1,921%
-0.8%
126%
-61%
-71%
-95%
-92%
-81%
-103%
525%

Fine Organic Industries Ltd · FINEORG

344%
306%
104%
22%
-38%
-49%
-11%
-23%
13%
14%
-12%
-16%
3.5%
-6.8%
-11%
21%

Foseco India Ltd · FOSECOIND

83%
22%
50%
17%
155%
36%
33%
14%
-32%
27%
25%
38%
16%
-16%
-25%
50%

Jyoti Resins and Adhesives Ltd · JYOTIRES

33%
19%
19%
0.0%
19%
5.3%
-11%
6.3%
-21%

Laxmi Organic Industries Ltd · LXCHEM

-36%
-40%
-67%
-59%
-42%
22%
0.0%
83%
-11%
155%
7.4%
-50%
-38%
-61%
-14%
0.0%

Nitta Gelatin India Ltd · KERALACHEM

-41%
14%
-21%
-20%
41%
19%
0.0%
30%
29%
79%

Oriental Aromatics Ltd · OAL⚠ unverified

-31%
750%
511%
174%
-86%
-95%
-95%
-127%
181%

Sacheerome Ltd · SACHEEROME⚠ unverified

114%
56%

Sigachi Industries Ltd · SIGACHI⚠ unverified

64%
107%
17%
39%
27%
6.7%
-891%
-50%
-100%
-53%
04 · compare level, then change

Capacity Spending & Returns On It

Fairchem Organics Ltd has the highest CAPEX among the 20 Chemicals - Organic companies compared here, at ₹7 crore. Sacheerome Ltd is next at ₹6 crore. Sacheerome Ltd has the highest CAPEX intensity at 10.5%, so level and change sit with different companies. 3 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Fairchem Organics Ltd reports ₹7 crore of CAPEX; Sacheerome Ltd has the highest covered intensity at 10.5%. Coverage is only 3 of 20 companies and 9 reported observations, so this is partial evidence—not a complete sector rank.

LeaderFairchem Organics Ltd · ₹7 crore
Gap16.7% versus #2 · Sacheerome Ltd
Persistence1/2 recent comparable periods
Coverage3/20 companies · 9 observations

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1Fairchem Organics Ltd FAIRCHEMOR⚠ unverified₹7 Cr
2Sacheerome Ltd SACHEEROME⚠ unverified₹6 Cr
3Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified₹4 Cr
CAPEX intensityhighest reinvestment intensity
1Sacheerome Ltd SACHEEROME⚠ unverified11%
2Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified6.6%
3Fairchem Organics Ltd FAIRCHEMOR⚠ unverified4.6%
Capital expenditure · company comparison
3/20 level · 3/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

Withheld from this chart: Elantas Beck India Ltd (ELANTAS) — its two data sources disagree by up to 3.2% on reported income across 14 comparable periods, so its derived ratios are withheld; Balaji Amines Ltd (BALAMINES) — its two data sources disagree by up to 25% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyCAPEXCAPEX intensityReported
Fairchem Organics Ltd FAIRCHEMOR⚠ unverified₹7 Cr4.6%Mar 2026
Sacheerome Ltd SACHEEROME⚠ unverified₹6 Cr11%Mar 2026
Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified₹4 Cr6.6%Mar 2026
Full 20-quarter history · every available company

CAPEX · reported quarter history

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

₹0 Cr
₹7 Cr

Sacheerome Ltd · SACHEEROME⚠ unverified

₹6 Cr
₹6 Cr
₹6 Cr
₹6 Cr

Shri Ahimsa Naturals Ltd · SHRIAHIMSA⚠ unverified

₹4 Cr
₹3 Cr
₹4 Cr

CAPEX intensity · reported quarter history

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

0.0%
4.6%

Sacheerome Ltd · SACHEEROME⚠ unverified

12%
11%

Shri Ahimsa Naturals Ltd · SHRIAHIMSA⚠ unverified

9.8%
5.5%
6.6%
Annual capital allocation · 10-year view
20/20 capacity base · 20/20 OCF · 20/20 CAPEX · 20/20 FCF

Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.

Full annual capacity base, operating cash flow, CAPEX and free cash flow history

Capacity base · net fixed assets + CWIP · fiscal-year history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

₹350 Cr
₹439 Cr
₹589 Cr
₹619 Cr
₹716 Cr
₹822 Cr
₹893 Cr
₹1.1K Cr
₹1.2K Cr
₹1.6K Cr

BASF India Ltd · BASF

₹820 Cr
₹874 Cr
₹885 Cr

Citurgia Biochemicals Ltd · CITURGIA

₹3 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹1 Cr
₹1 Cr
₹1 Cr
₹1 Cr

Elantas Beck India Ltd · ELANTAS

₹41 Cr
₹55 Cr
₹70 Cr
₹120 Cr
₹121 Cr
₹117 Cr
₹111 Cr
₹116 Cr
₹242 Cr
₹248 Cr

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

₹135 Cr
₹155 Cr
₹183 Cr
₹191 Cr
₹197 Cr
₹213 Cr
₹214 Cr

Fine Organic Industries Ltd · FINEORG

₹100 Cr
₹120 Cr
₹184 Cr
₹223 Cr
₹222 Cr
₹243 Cr
₹254 Cr
₹298 Cr
₹390 Cr
₹452 Cr

Foseco India Ltd · FOSECOIND

₹47 Cr
₹778 Cr

Jyoti Resins and Adhesives Ltd · JYOTIRES

₹1 Cr
₹4 Cr
₹5 Cr
₹19 Cr
₹39 Cr
₹46 Cr
₹47 Cr
₹48 Cr
₹48 Cr

Laxmi Organic Industries Ltd · LXCHEM

₹263 Cr
₹323 Cr
₹377 Cr
₹405 Cr
₹473 Cr
₹768 Cr
₹1.2K Cr
₹1.3K Cr
₹1.6K Cr
₹2.1K Cr

Nitta Gelatin India Ltd · KERALACHEM

₹88 Cr
₹120 Cr
₹129 Cr
₹120 Cr
₹110 Cr
₹109 Cr
₹116 Cr
₹114 Cr
₹130 Cr
₹163 Cr

Oriental Aromatics Ltd · OAL⚠ unverified

₹226 Cr
₹252 Cr
₹246 Cr
₹238 Cr
₹249 Cr
₹290 Cr
₹326 Cr
₹443 Cr
₹485 Cr
₹465 Cr

Sigachi Industries Ltd · SIGACHI⚠ unverified

₹27 Cr
₹31 Cr
₹35 Cr
₹42 Cr
₹63 Cr
₹157 Cr
₹351 Cr
₹379 Cr
₹356 Cr

Operating cash flow · fiscal-year history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

₹60 Cr
₹140 Cr
₹94 Cr
₹144 Cr
₹110 Cr
₹220 Cr
₹354 Cr
₹334 Cr
₹255 Cr
₹184 Cr

BASF India Ltd · BASF

₹330 Cr
₹531 Cr
₹807 Cr
₹373 Cr
₹-110 Cr

Citurgia Biochemicals Ltd · CITURGIA

₹-1 Cr
₹-1 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr

Elantas Beck India Ltd · ELANTAS

₹56 Cr
₹51 Cr
₹33 Cr
₹48 Cr
₹79 Cr
₹29 Cr
₹83 Cr
₹133 Cr
₹63 Cr
₹127 Cr

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

₹31 Cr
₹40 Cr
₹40 Cr
₹50 Cr
₹74 Cr
₹-17 Cr
₹42 Cr

Fine Organic Industries Ltd · FINEORG

₹45 Cr
₹65 Cr
₹98 Cr
₹219 Cr
₹134 Cr
₹67 Cr
₹485 Cr
₹635 Cr
₹204 Cr
₹430 Cr

Foseco India Ltd · FOSECOIND

₹20 Cr
₹59 Cr
₹57 Cr
₹42 Cr
₹98 Cr

Jyoti Resins and Adhesives Ltd · JYOTIRES

₹4 Cr
₹3 Cr
₹4 Cr
₹7 Cr
₹10 Cr
₹3 Cr
₹1 Cr
₹27 Cr
₹15 Cr

Laxmi Organic Industries Ltd · LXCHEM

₹150 Cr
₹-7 Cr
₹188 Cr
₹196 Cr
₹106 Cr
₹46 Cr
₹199 Cr
₹561 Cr
₹108 Cr
₹175 Cr

Nitta Gelatin India Ltd · KERALACHEM

₹11 Cr
₹26 Cr
₹28 Cr
₹33 Cr
₹15 Cr
₹13 Cr
₹78 Cr
₹79 Cr
₹61 Cr
₹125 Cr

Oriental Aromatics Ltd · OAL⚠ unverified

₹16 Cr
₹-23 Cr
₹181 Cr
₹17 Cr
₹-1 Cr
₹-22 Cr
₹142 Cr
₹-34 Cr
₹2 Cr

Sigachi Industries Ltd · SIGACHI⚠ unverified

₹8 Cr
₹14 Cr
₹12 Cr
₹30 Cr
₹6 Cr
₹29 Cr
₹13 Cr
₹27 Cr
₹4 Cr

CAPEX · reported cash flow · fiscal-year history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

₹13 Cr
₹108 Cr
₹170 Cr
₹62 Cr
₹131 Cr
₹148 Cr
₹117 Cr
₹253 Cr
₹188 Cr
₹370 Cr

BASF India Ltd · BASF

₹224 Cr
₹156 Cr

Citurgia Biochemicals Ltd · CITURGIA

₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr

Elantas Beck India Ltd · ELANTAS

₹1 Cr
₹20 Cr
₹22 Cr
₹57 Cr
₹13 Cr
₹8 Cr
₹6 Cr
₹17 Cr
₹141 Cr
₹27 Cr

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

₹27 Cr
₹35 Cr
₹16 Cr
₹15 Cr
₹27 Cr
₹12 Cr

Fine Organic Industries Ltd · FINEORG

₹-7 Cr
₹40 Cr
₹81 Cr
₹74 Cr
₹46 Cr
₹61 Cr
₹59 Cr
₹101 Cr
₹144 Cr
₹118 Cr

Foseco India Ltd · FOSECOIND

₹744 Cr

Jyoti Resins and Adhesives Ltd · JYOTIRES

₹0 Cr
₹3 Cr
₹1 Cr
₹14 Cr
₹21 Cr
₹8 Cr
₹2 Cr
₹2 Cr
₹2 Cr

Laxmi Organic Industries Ltd · LXCHEM

₹36 Cr
₹91 Cr
₹98 Cr
₹77 Cr
₹115 Cr
₹344 Cr
₹466 Cr
₹268 Cr
₹365 Cr
₹646 Cr

Nitta Gelatin India Ltd · KERALACHEM

₹11 Cr
₹46 Cr
₹23 Cr
₹6 Cr
₹5 Cr
₹13 Cr
₹20 Cr
₹12 Cr
₹29 Cr
₹48 Cr

Oriental Aromatics Ltd · OAL⚠ unverified

₹41 Cr
₹12 Cr
₹11 Cr
₹28 Cr
₹58 Cr
₹55 Cr
₹137 Cr
₹66 Cr
₹11 Cr

Sigachi Industries Ltd · SIGACHI⚠ unverified

₹6 Cr
₹6 Cr
₹9 Cr
₹24 Cr
₹101 Cr
₹205 Cr
₹44 Cr
₹-5 Cr

Free cash flow · fiscal-year history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

₹47 Cr
₹32 Cr
₹-76 Cr
₹82 Cr
₹-21 Cr
₹72 Cr
₹237 Cr
₹81 Cr
₹67 Cr
₹-186 Cr

BASF India Ltd · BASF

₹149 Cr
₹-266 Cr

Citurgia Biochemicals Ltd · CITURGIA

₹-1 Cr
₹-1 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr

Elantas Beck India Ltd · ELANTAS

₹55 Cr
₹31 Cr
₹11 Cr
₹-9 Cr
₹66 Cr
₹21 Cr
₹77 Cr
₹116 Cr
₹-78 Cr
₹100 Cr

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

₹13 Cr
₹5 Cr
₹34 Cr
₹59 Cr
₹-44 Cr
₹30 Cr

Fine Organic Industries Ltd · FINEORG

₹52 Cr
₹25 Cr
₹17 Cr
₹145 Cr
₹88 Cr
₹6 Cr
₹426 Cr
₹534 Cr
₹60 Cr
₹312 Cr

Foseco India Ltd · FOSECOIND

₹-646 Cr

Jyoti Resins and Adhesives Ltd · JYOTIRES

₹4 Cr
₹0 Cr
₹3 Cr
₹-7 Cr
₹-11 Cr
₹-5 Cr
₹-1 Cr
₹25 Cr
₹13 Cr

Laxmi Organic Industries Ltd · LXCHEM

₹114 Cr
₹-98 Cr
₹90 Cr
₹119 Cr
₹-9 Cr
₹-298 Cr
₹-267 Cr
₹293 Cr
₹-257 Cr
₹-471 Cr

Nitta Gelatin India Ltd · KERALACHEM

₹0 Cr
₹-20 Cr
₹5 Cr
₹27 Cr
₹10 Cr
₹0 Cr
₹58 Cr
₹67 Cr
₹32 Cr
₹77 Cr

Oriental Aromatics Ltd · OAL⚠ unverified

₹-25 Cr
₹-35 Cr
₹170 Cr
₹-11 Cr
₹-59 Cr
₹-77 Cr
₹5 Cr
₹-100 Cr
₹-9 Cr

Sigachi Industries Ltd · SIGACHI⚠ unverified

₹8 Cr
₹6 Cr
₹21 Cr
₹-18 Cr
₹-72 Cr
₹-192 Cr
₹-17 Cr
₹9 Cr
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Elantas Beck India Ltd has the lowest Gross debt among the 20 Chemicals - Organic companies compared here, at ₹0 crore. Fine Organic Industries Ltd has the lowest Net debt at ₹1,381 crore net cash, so level and change sit with different companies. 20 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Fine Organic Industries Ltd has the clearest covered balance-sheet capacity with ₹1,381 crore net cash and gross debt of ₹68 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderElantas Beck India Ltd · ₹0 crore
Gapnull versus #2 · GFL Ltd
PersistenceNot enough history
Coverage20/20 companies · 232 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Elantas Beck India Ltd ELANTAS₹0 Cr
2GFL Ltd GFLLIMITED₹0 Cr
3Jyoti Resins and Adhesives Ltd JYOTIRES₹0 Cr
4Sacheerome Ltd SACHEEROME⚠ unverified₹0 Cr
5Foseco India Ltd FOSECOIND₹3 Cr
Net debtlowest net debt
1Fine Organic Industries Ltd FINEORG₹-1.4K Cr
2BASF India Ltd BASF₹-737 Cr
3Foseco India Ltd FOSECOIND₹-324 Cr
4Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified₹-81 Cr
5Sacheerome Ltd SACHEEROME⚠ unverified₹1 Cr
Debt and balance-sheet capacity · company comparison
20/20 level · 12/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
Laxmi Organic Industries Ltd LXCHEM₹543 Cr₹449 CrMar 2026
Oriental Aromatics Ltd OAL⚠ unverified₹403 Cr₹388 CrMar 2026
Indo Amines Ltd INDOAMIN⚠ unverified₹311 Cr₹287 CrMar 2026
Valiant Organics Ltd VALIANTORG⚠ unverified₹256 Cr₹254 CrMar 2026
Gem Aromatics Ltd GEMAROMA⚠ unverified₹152 Cr₹144 CrMar 2026
Sigachi Industries Ltd SIGACHI⚠ unverified₹139 Cr₹136 CrMar 2026
BASF India Ltd BASF₹133 Cr₹-737 CrMar 2026
Balaji Amines Ltd BALAMINES₹133 CrMar 2026
Fairchem Organics Ltd FAIRCHEMOR⚠ unverified₹84 Cr₹84 CrMar 2026
OCCL Ltd OCCLLTD₹84 CrMar 2026
Fine Organic Industries Ltd FINEORG₹68 Cr₹-1.4K CrMar 2026
Shree Ganesh Remedies Ltd SGRL₹38 CrDec 2025
Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified₹20 Cr₹-81 CrMar 2026
Nitta Gelatin India Ltd KERALACHEM₹9 CrMar 2026
Citurgia Biochemicals Ltd CITURGIA₹7 CrDec 2025
Foseco India Ltd FOSECOIND₹3 Cr₹-324 CrMar 2026
Elantas Beck India Ltd ELANTAS₹0 CrMar 2026
Jyoti Resins and Adhesives Ltd JYOTIRES₹0 CrDec 2025
Sacheerome Ltd SACHEEROME⚠ unverified₹0 Cr₹1 CrMar 2026
GFL Ltd GFLLIMITED₹0 CrMar 2026
Full 20-quarter history · every available company

Gross debt · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

₹101 Cr
₹58 Cr
₹20 Cr
₹11 Cr
₹31 Cr
₹133 Cr

BASF India Ltd · BASF

₹285 Cr
₹219 Cr
₹219 Cr
₹122 Cr
₹122 Cr
₹105 Cr
₹105 Cr
₹106 Cr
₹106 Cr
₹123 Cr
₹123 Cr
₹156 Cr
₹156 Cr
₹190 Cr
₹190 Cr
₹146 Cr
₹146 Cr
₹133 Cr

Citurgia Biochemicals Ltd · CITURGIA

₹6 Cr
₹7 Cr
₹7 Cr
₹7 Cr
₹7 Cr

Elantas Beck India Ltd · ELANTAS

₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

₹48 Cr
₹29 Cr
₹29 Cr
₹62 Cr
₹62 Cr
₹20 Cr
₹20 Cr
₹50 Cr
₹50 Cr
₹34 Cr
₹34 Cr
₹7 Cr
₹7 Cr
₹44 Cr
₹44 Cr
₹63 Cr
₹63 Cr
₹54 Cr
₹54 Cr
₹84 Cr

Fine Organic Industries Ltd · FINEORG

₹94 Cr
₹79 Cr
₹79 Cr
₹59 Cr
₹59 Cr
₹45 Cr
₹45 Cr
₹29 Cr
₹29 Cr
₹14 Cr
₹14 Cr
₹4 Cr
₹4 Cr
₹4 Cr
₹4 Cr
₹3 Cr
₹3 Cr
₹16 Cr
₹16 Cr
₹68 Cr

Foseco India Ltd · FOSECOIND

₹1 Cr
₹1 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹3 Cr
₹3 Cr

Jyoti Resins and Adhesives Ltd · JYOTIRES

₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr

Laxmi Organic Industries Ltd · LXCHEM

₹235 Cr
₹89 Cr
₹89 Cr
₹139 Cr
₹139 Cr
₹254 Cr
₹254 Cr
₹406 Cr
₹406 Cr
₹168 Cr
₹168 Cr
₹143 Cr
₹143 Cr
₹200 Cr
₹200 Cr
₹258 Cr
₹258 Cr
₹334 Cr
₹334 Cr
₹543 Cr

Nitta Gelatin India Ltd · KERALACHEM

₹80 Cr
₹33 Cr
₹27 Cr
₹45 Cr
₹21 Cr
₹9 Cr

Oriental Aromatics Ltd · OAL⚠ unverified

₹79 Cr
₹70 Cr
₹70 Cr
₹140 Cr
₹140 Cr
₹172 Cr
₹172 Cr
₹231 Cr
₹231 Cr
₹218 Cr
₹218 Cr
₹206 Cr
₹206 Cr
₹250 Cr
₹250 Cr
₹353 Cr
₹353 Cr
₹398 Cr
₹398 Cr
₹403 Cr

Sigachi Industries Ltd · SIGACHI⚠ unverified

₹32 Cr
₹32 Cr
₹35 Cr
₹35 Cr
₹67 Cr
₹67 Cr
₹68 Cr
₹68 Cr
₹97 Cr
₹97 Cr
₹151 Cr
₹151 Cr
₹167 Cr
₹167 Cr
₹142 Cr
₹142 Cr
₹145 Cr
₹167 Cr
₹139 Cr

Net debt · reported quarter history

BASF India Ltd · BASF

₹112 Cr
₹170 Cr
₹170 Cr
₹-4 Cr
₹-4 Cr
₹29 Cr
₹29 Cr
₹-261 Cr
₹-261 Cr
₹-412 Cr
₹-412 Cr
₹-467 Cr
₹-467 Cr
₹-627 Cr
₹-587 Cr
₹-44 Cr
₹-44 Cr
₹-737 Cr

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

₹48 Cr
₹24 Cr
₹24 Cr
₹62 Cr
₹62 Cr
₹19 Cr
₹19 Cr
₹50 Cr
₹50 Cr
₹34 Cr
₹34 Cr
₹7 Cr
₹7 Cr
₹44 Cr
₹44 Cr
₹63 Cr
₹63 Cr
₹54 Cr
₹54 Cr
₹84 Cr

Fine Organic Industries Ltd · FINEORG

₹-170 Cr
₹-111 Cr
₹-111 Cr
₹-174 Cr
₹-174 Cr
₹-155 Cr
₹-155 Cr
₹-494 Cr
₹-494 Cr
₹-746 Cr
₹-746 Cr
₹-1.0K Cr
₹-1.0K Cr
₹-1.1K Cr
₹-1.1K Cr
₹-947 Cr
₹-947 Cr
₹-1.1K Cr
₹-1.1K Cr
₹-1.4K Cr

Foseco India Ltd · FOSECOIND

₹-228 Cr
₹-229 Cr
₹-236 Cr
₹-236 Cr
₹-256 Cr
₹-256 Cr
₹-288 Cr
₹-288 Cr
₹-105 Cr
₹-324 Cr

Gem Aromatics Ltd · GEMAROMA⚠ unverified

₹84 Cr
₹120 Cr
₹224 Cr
₹224 Cr
₹109 Cr
₹109 Cr
₹144 Cr

Indo Amines Ltd · INDOAMIN⚠ unverified

₹144 Cr
₹177 Cr
₹177 Cr
₹201 Cr
₹183 Cr
₹226 Cr
₹214 Cr
₹223 Cr
₹223 Cr
₹211 Cr
₹195 Cr
₹235 Cr
₹235 Cr
₹280 Cr
₹267 Cr
₹285 Cr
₹285 Cr
₹287 Cr

Laxmi Organic Industries Ltd · LXCHEM

₹202 Cr
₹-156 Cr
₹-156 Cr
₹101 Cr
₹102 Cr
₹109 Cr
₹109 Cr
₹297 Cr
₹297 Cr
₹70 Cr
₹70 Cr
₹-91 Cr
₹-91 Cr
₹-118 Cr
₹-118 Cr
₹71 Cr
₹71 Cr
₹192 Cr
₹192 Cr
₹449 Cr

Oriental Aromatics Ltd · OAL⚠ unverified

₹61 Cr
₹59 Cr
₹59 Cr
₹132 Cr
₹132 Cr
₹162 Cr
₹162 Cr
₹215 Cr
₹215 Cr
₹208 Cr
₹208 Cr
₹195 Cr
₹195 Cr
₹231 Cr
₹231 Cr
₹342 Cr
₹342 Cr
₹394 Cr
₹394 Cr
₹388 Cr

Sacheerome Ltd · SACHEEROME⚠ unverified

₹0 Cr
₹0 Cr
₹1 Cr
₹1 Cr

Shri Ahimsa Naturals Ltd · SHRIAHIMSA⚠ unverified

₹-2 Cr
₹-81 Cr

Sigachi Industries Ltd · SIGACHI⚠ unverified

₹19 Cr
₹19 Cr
₹-34 Cr
₹-34 Cr
₹43 Cr
₹43 Cr
₹35 Cr
₹35 Cr
₹-14 Cr
₹-14 Cr
₹94 Cr
₹94 Cr
₹119 Cr
₹119 Cr
₹70 Cr
₹70 Cr
₹85 Cr
₹85 Cr
₹136 Cr

Valiant Organics Ltd · VALIANTORG⚠ unverified

₹151 Cr
₹219 Cr
₹219 Cr
₹313 Cr
₹313 Cr
₹230 Cr
₹230 Cr
₹228 Cr
₹228 Cr
₹220 Cr
₹220 Cr
₹250 Cr
₹250 Cr
₹193 Cr
₹193 Cr
₹241 Cr
₹241 Cr
₹230 Cr
₹230 Cr
₹254 Cr
06 · compare level, then change

Return On Capital Employed

Jyoti Resins and Adhesives Ltd has the highest ROCE among the 20 Chemicals - Organic companies compared here, at 50%. Sacheerome Ltd is next at 35.7%. Shri Ahimsa Naturals Ltd has the highest ROCE change at +6.2 percentage points, so level and change sit with different companies. 20 of 20 companies report a comparable reading, the latest through Dec 2025.

What the numbers say: Jyoti Resins and Adhesives Ltd leads ROCE at 50%, 14.3 percentage points above Sacheerome Ltd. Shri Ahimsa Naturals Ltd has the strongest latest improvement at +6.2 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderJyoti Resins and Adhesives Ltd · 50%
Gap40.1% versus #2 · Sacheerome Ltd
PersistenceNot enough history
Coverage20/20 companies · 141 observations

Investor read: Jyoti Resins and Adhesives Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Jyoti Resins and Adhesives Ltd JYOTIRES50%
2Sacheerome Ltd SACHEEROME⚠ unverified36%
3Nitta Gelatin India Ltd KERALACHEM31%
4Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified22%
5Fine Organic Industries Ltd FINEORG22%
ROCE changefastest improvers
1Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified+6.2 pp
2Nitta Gelatin India Ltd KERALACHEM+5.0 pp
3GFL Ltd GFLLIMITED+4.0 pp
4Valiant Organics Ltd VALIANTORG⚠ unverified+3.3 pp
5Balaji Amines Ltd BALAMINES0.0 pp
Return on capital · company comparison
20/20 level · 20/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

Withheld from this chart: Elantas Beck India Ltd (ELANTAS) — its two data sources disagree by up to 3.2% on reported income across 14 comparable periods, so its derived ratios are withheld; Balaji Amines Ltd (BALAMINES) — its two data sources disagree by up to 25% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
Sacheerome Ltd SACHEEROME⚠ unverified33%Mar 2026
Indo Amines Ltd INDOAMIN⚠ unverified21%−1.4 ppMar 2026
Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified19%+6.2 ppMar 2026
Fine Organic Industries Ltd FINEORG16%−4.4 ppMar 2026
BASF India Ltd BASF13%−4.9 ppMar 2026
Foseco India Ltd FOSECOIND9.5%−13.9 ppMar 2026
Sigachi Industries Ltd SIGACHI⚠ unverified7.1%−5.0 ppMar 2026
Valiant Organics Ltd VALIANTORG⚠ unverified5.5%+3.3 ppMar 2026
Oriental Aromatics Ltd OAL⚠ unverified4.9%−4.2 ppMar 2026
Laxmi Organic Industries Ltd LXCHEM4.5%−4.2 ppMar 2026
Gem Aromatics Ltd GEMAROMA⚠ unverified3.8%−19.1 ppMar 2026
Fairchem Organics Ltd FAIRCHEMOR⚠ unverified3.7%−6.3 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

BASF India Ltd · BASF

40%
32%
28%
20%
17%
22%
27%
26%
18%
15%
11%
15%
13%

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

46%
38%
31%
24%
23%
15%
22%
19%
24%
19%
16%
10%
5.3%
3.4%
2.3%
3.7%

Fine Organic Industries Ltd · FINEORG

21%
33%
51%
51%
34%
40%
25%
32%
24%
30%
20%
27%
17%
23%
16%

Foseco India Ltd · FOSECOIND

18%
18%
23%
23%
22%
23%
23%
25%
9.5%

Gem Aromatics Ltd · GEMAROMA⚠ unverified

9.2%
23%
24%
14%
15%
3.8%

Indo Amines Ltd · INDOAMIN⚠ unverified

22%
18%
26%
26%
33%
20%
29%
21%
29%
22%
30%
22%
29%
21%

Laxmi Organic Industries Ltd · LXCHEM

23%
24%
19%
12%
9.4%
10%
8.3%
9.9%
9.4%
13%
8.7%
7.2%
5.3%
4.6%
4.5%

Oriental Aromatics Ltd · OAL⚠ unverified

19%
11%
7.4%
5.1%
2.3%
3.2%
3.8%
8.1%
9.0%
11%
9.1%
8.7%
6.5%
5.7%
4.9%

Sacheerome Ltd · SACHEEROME⚠ unverified

8.5%
17%
24%
33%

Shri Ahimsa Naturals Ltd · SHRIAHIMSA⚠ unverified

13%
18%
19%

Sigachi Industries Ltd · SIGACHI⚠ unverified

40%
21%
20%
17%
12%
19%
14%
20%
13%
20%
12%
-2.1%
13%
-11%
7.1%

Valiant Organics Ltd · VALIANTORG⚠ unverified

28%
22%
19%
16%
16%
12%
9.0%
0.3%
-0.8%
-2.3%
-0.6%
2.2%
4.2%
5.3%
6.2%
5.5%

ROCE change · reported quarter history

BASF India Ltd · BASF

−11.6 pp
−11.7 pp
−11.6 pp
+1.6 pp
+10.9 pp
−3.6 pp
−16.8 pp
−11.4 pp
−4.9 pp

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

−14.5 pp
−14.7 pp
−16.2 pp
−2.5 pp
−4.6 pp
+3.4 pp
−5.9 pp
−8.7 pp
−18.2 pp
−15.1 pp
−13.7 pp
−6.3 pp

Fine Organic Industries Ltd · FINEORG

+30.0 pp
+17.7 pp
−17.4 pp
−26.0 pp
−10.5 pp
−9.7 pp
−4.7 pp
−5.4 pp
−6.3 pp
−7.0 pp
−4.4 pp

Foseco India Ltd · FOSECOIND

+5.0 pp
−1.7 pp
−0.2 pp
+1.7 pp
+1.7 pp
−13.9 pp

Gem Aromatics Ltd · GEMAROMA⚠ unverified

+4.9 pp
−19.1 pp

Indo Amines Ltd · INDOAMIN⚠ unverified

+7.7 pp
−5.2 pp
−5.3 pp
−4.6 pp
+1.7 pp
+1.0 pp
+1.2 pp
0.0 pp
−1.4 pp

Laxmi Organic Industries Ltd · LXCHEM

−3.7 pp
−12.9 pp
−9.5 pp
−3.2 pp
0.0 pp
+2.5 pp
+0.4 pp
−2.7 pp
−4.1 pp
−8.1 pp
−4.2 pp

Oriental Aromatics Ltd · OAL⚠ unverified

−12.0 pp
−6.0 pp
−5.1 pp
−1.3 pp
+6.7 pp
+7.9 pp
+5.3 pp
+0.6 pp
−2.5 pp
−5.4 pp
−4.2 pp

Shri Ahimsa Naturals Ltd · SHRIAHIMSA⚠ unverified

+6.2 pp

Sigachi Industries Ltd · SIGACHI⚠ unverified

−19.7 pp
−3.9 pp
−7.4 pp
−3.4 pp
+0.1 pp
+0.6 pp
−1.9 pp
−22.3 pp
+0.5 pp
−30.3 pp
−5.0 pp

Valiant Organics Ltd · VALIANTORG⚠ unverified

−9.1 pp
−6.4 pp
−7.2 pp
−15.7 pp
−17.2 pp
−13.8 pp
−9.6 pp
+1.9 pp
+5.0 pp
+7.6 pp
+6.8 pp
+3.3 pp
07 · compare level, then change

Valuation Against Growth & Quality

Laxmi Organic Industries Ltd has the lowest Guarded PEG among the 20 Chemicals - Organic companies compared here, at 1.14×. Foseco India Ltd is next at 1.31×. GFL Ltd has the lowest P/E at 11×, so level and change sit with different companies. 4 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Laxmi Organic Industries Ltd has the lowest comparable Guarded PEG at 1.14×, 13% below Foseco India Ltd. Only 4 of 20 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderLaxmi Organic Industries Ltd · 1.14×
Gap13% versus #2 · Foseco India Ltd
Persistence0/8 recent comparable periods
Coverage4/20 companies · 22 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Laxmi Organic Industries Ltd LXCHEM1.1
2Foseco India Ltd FOSECOIND1.3
3BASF India Ltd BASF1.6
4Fine Organic Industries Ltd FINEORG2.7
P/Elowest P/E
1GFL Ltd GFLLIMITED11.0
2Indo Amines Ltd INDOAMIN⚠ unverified11.8
3Nitta Gelatin India Ltd KERALACHEM13.5
4Jyoti Resins and Adhesives Ltd JYOTIRES14.3
5OCCL Ltd OCCLLTD14.6
Valuation · company comparison
4/20 level · 19/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
Fine Organic Industries Ltd FINEORG2.731.1Mar 2026
BASF India Ltd BASF1.639.1Mar 2026
Foseco India Ltd FOSECOIND1.342.2Mar 2026
Laxmi Organic Industries Ltd LXCHEM1.139.1Mar 2026
Elantas Beck India Ltd ELANTAS43.4Mar 2026
Balaji Amines Ltd BALAMINES23.2Mar 2026
Nitta Gelatin India Ltd KERALACHEM7.6Mar 2026
Oriental Aromatics Ltd OAL⚠ unverified99.0Mar 2026
Jyoti Resins and Adhesives Ltd JYOTIRES18.2Dec 2025
Sigachi Industries Ltd SIGACHI⚠ unverified17.3Mar 2026
Fairchem Organics Ltd FAIRCHEMOR⚠ unverified188.2Mar 2026
Sacheerome Ltd SACHEEROME⚠ unverified21.7Mar 2026
Indo Amines Ltd INDOAMIN⚠ unverified9.3Mar 2026
Gem Aromatics Ltd GEMAROMA⚠ unverified22.5Mar 2026
Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified20.6Mar 2026
Valiant Organics Ltd VALIANTORG⚠ unverified33.1Mar 2026
OCCL Ltd OCCLLTD10.8Mar 2026
Shree Ganesh Remedies Ltd SGRL24.7Dec 2025
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

BASF India Ltd · BASF

1.6

Fine Organic Industries Ltd · FINEORG

1.0
0.6
2.7

Foseco India Ltd · FOSECOIND

2.2
0.8
1.4
0.5
1.8
0.9
1.0
2.2
1.5
1.8
0.8
2.4
1.3

Laxmi Organic Industries Ltd · LXCHEM

1.1
0.9
3.9
1.8
1.1

P/E · reported quarter history

Showing the 12 largest of 18 companies with a series here. The remaining 6 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

36.6
50.6
33.5
28.2
25.1
25.6
21.2
16.3
23.2
27.6
43.8
36.0
36.3
37.9
31.2
21.1
36.8
30.0
25.0
23.2

BASF India Ltd · BASF

52.3
68.4
61.0
58.8
49.7
60.0
56.8
45.8
52.8
51.4
61.8
64.7
39.1
56.0
38.1
31.7
47.6
49.9
46.3
39.1

Elantas Beck India Ltd · ELANTAS

44.4
39.0
44.1
44.5
44.4
44.3
42.2
44.6
53.2
55.1
53.8
51.3
63.6
64.2
70.1
55.3
73.8
57.5
56.5
43.4

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

29.8
37.0
29.0
27.5
26.5
35.2
31.2
27.7
36.9
68.0
57.0
38.2
44.3
33.0
38.1
34.3
55.4
109.0
150.2
188.2

Fine Organic Industries Ltd · FINEORG

73.9
75.3
77.9
72.8
56.3
55.8
32.8
22.4
24.2
26.3
33.3
27.7
36.4
38.0
32.0
28.7
35.9
34.7
32.2
31.1

Foseco India Ltd · FOSECOIND

36.1
29.8
27.8
24.8
25.1
30.1
26.7
29.2
25.0
31.6
33.4
24.9
41.0
43.2
35.2
27.8
38.8
43.3
51.0
42.2

Jyoti Resins and Adhesives Ltd · JYOTIRES

27.4
22.5
31.1
58.9
46.8
64.2
50.5
41.3
36.5
36.8
30.9
26.3
25.4
26.4
22.7
20.2
22.1
20.6
18.2

Laxmi Organic Industries Ltd · LXCHEM

20.2
113.1
55.3
45.8
29.0
38.8
34.9
34.6
55.3
75.2
76.6
62.7
56.5
68.1
50.3
35.6
48.6
57.4
55.6
39.1

Nitta Gelatin India Ltd · KERALACHEM

9.5
10.8
13.8
13.2
11.3
14.6
13.2
15.1
12.5
9.8
9.4
9.5
9.2
9.4
9.7
8.0
10.1
10.8
9.1
7.6

Oriental Aromatics Ltd · OAL⚠ unverified

25.4
28.1
27.6
37.8
35.7
43.5
42.4
40.8
58.5
230.2
215.9
110.5
142.2
66.3
36.2
21.6
37.2
47.5
103.4
99.0

Sacheerome Ltd · SACHEEROME⚠ unverified

21.5
21.7

Sigachi Industries Ltd · SIGACHI⚠ unverified

10.1
9.5
10.8
17.6
17.5
14.3
21.8
29.6
36.7
35.2
33.6
30.6
24.4
16.4
27.0
17.6
20.3
17.3
08 · compare level, then change

Enterprise Value & Book Value

Nitta Gelatin India Ltd has the lowest EV/EBITDA among the 20 Chemicals - Organic companies compared here, at 4.4×. OCCL Ltd is next at 5.7×. GFL Ltd has the lowest P/BV at 0.19×, so level and change sit with different companies. 19 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Nitta Gelatin India Ltd leads ev/ebitda at 4.4×; GFL Ltd leads p/bv at 0.19×.

LeaderNitta Gelatin India Ltd · 4.4×
Gap22.8% versus #2 · OCCL Ltd
Persistence0/8 recent comparable periods
Coverage19/20 companies · 295 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Nitta Gelatin India Ltd KERALACHEM4.4
2OCCL Ltd OCCLLTD5.7
3Indo Amines Ltd INDOAMIN⚠ unverified7.0
4Valiant Organics Ltd VALIANTORG⚠ unverified9.8
5Sigachi Industries Ltd SIGACHI⚠ unverified10.1
P/BVlowest P/BV
1GFL Ltd GFLLIMITED0.2
2Valiant Organics Ltd VALIANTORG⚠ unverified1.0
3OCCL Ltd OCCLLTD1.7
4Sigachi Industries Ltd SIGACHI⚠ unverified1.9
5Oriental Aromatics Ltd OAL⚠ unverified1.9
Enterprise and book valuation · company comparison
19/20 level · 19/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
GFL Ltd GFLLIMITED262.80.2Mar 2026
Fairchem Organics Ltd FAIRCHEMOR⚠ unverified33.12.0Mar 2026
Elantas Beck India Ltd ELANTAS28.37.4Mar 2026
Foseco India Ltd FOSECOIND23.63.5Mar 2026
BASF India Ltd BASF21.43.8Mar 2026
Fine Organic Industries Ltd FINEORG19.14.9Mar 2026
Laxmi Organic Industries Ltd LXCHEM17.61.6Mar 2026
Oriental Aromatics Ltd OAL⚠ unverified16.21.2Mar 2026
Sacheerome Ltd SACHEEROME⚠ unverified15.64.4Mar 2026
Shree Ganesh Remedies Ltd SGRL13.73.7Dec 2025
Shri Ahimsa Naturals Ltd SHRIAHIMSA⚠ unverified13.03.3Mar 2026
Balaji Amines Ltd BALAMINES12.31.8Mar 2026
Gem Aromatics Ltd GEMAROMA⚠ unverified11.71.6Mar 2026
Jyoti Resins and Adhesives Ltd JYOTIRES11.65.3Dec 2025
Sigachi Industries Ltd SIGACHI⚠ unverified10.11.4Mar 2026
Valiant Organics Ltd VALIANTORG⚠ unverified9.80.8Mar 2026
Indo Amines Ltd INDOAMIN⚠ unverified7.01.8Mar 2026
OCCL Ltd OCCLLTD5.71.0Mar 2026
Nitta Gelatin India Ltd KERALACHEM4.41.6Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

23.6
32.1
21.2
17.3
14.6
14.4
11.7
8.7
11.8
13.5
21.2
18.3
20.1
21.9
18.0
11.9
20.6
16.6
13.8
12.3

BASF India Ltd · BASF

22.0
28.7
25.6
24.7
20.9
25.2
23.9
19.3
22.2
21.7
25.9
47.8
22.3
32.1
22.6
18.6
26.7
26.6
25.1
21.4

Elantas Beck India Ltd · ELANTAS

29.3
26.0
28.3
28.0
28.6
28.9
28.3
30.1
35.8
37.6
36.9
35.6
44.2
44.0
48.0
38.3
50.2
38.1
37.3
28.3

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

29.2
24.6
19.4
18.4
17.6
22.9
19.5
17.3
22.8
35.6
32.0
23.1
27.0
20.4
23.4
20.2
27.7
39.0
42.0
33.1

Fine Organic Industries Ltd · FINEORG

40.9
43.1
46.2
44.0
36.5
37.3
22.9
15.3
16.6
17.4
21.0
17.9
24.1
24.8
20.5
17.8
22.5
21.8
19.9
19.1

Foseco India Ltd · FOSECOIND

22.3
18.0
17.1
15.7
15.8
19.7
17.2
19.1
21.4
28.3
31.7
22.0
31.0
32.2
26.1
19.9
29.0
30.0
27.8
23.6

Jyoti Resins and Adhesives Ltd · JYOTIRES

18.8
15.2
20.9
39.8
33.1
47.6
36.0
29.8
26.5
26.3
22.0
18.8
18.5
18.4
15.4
13.6
15.2
13.5
11.6

Laxmi Organic Industries Ltd · LXCHEM

40.8
62.4
34.9
28.5
18.9
26.2
23.4
21.0
26.7
32.6
32.1
26.2
25.4
27.3
21.4
14.4
17.5
22.9
22.4
17.6

Nitta Gelatin India Ltd · KERALACHEM

5.8
6.4
7.2
7.3
6.8
8.2
8.0
9.9
8.6
6.6
6.3
6.2
6.2
5.7
5.7
4.7
6.2
6.3
5.2
4.4

Oriental Aromatics Ltd · OAL⚠ unverified

16.8
19.0
18.2
23.5
20.1
23.0
20.7
17.7
21.5
33.3
39.1
29.3
27.8
25.2
17.4
11.6
15.2
16.1
17.5
16.2

Sacheerome Ltd · SACHEEROME⚠ unverified

17.6
15.6

Sigachi Industries Ltd · SIGACHI⚠ unverified

29.2
17.7
13.7
14.2
13.3
9.6
14.0
19.3
23.4
22.8
22.9
21.3
16.8
12.7
18.3
12.1
13.1
10.1

P/BV · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Balaji Amines Ltd · BALAMINES

13.2
16.7
10.5
9.2
7.4
7.1
6.1
5.0
4.8
4.5
5.4
4.1
4.3
4.3
3.6
2.2
3.4
2.5
1.9
1.8

BASF India Ltd · BASF

7.0
9.1
8.1
7.8
6.6
8.0
7.6
6.1
7.0
6.9
8.2
9.0
6.8
9.8
6.9
5.5
6.9
5.4
4.5
3.8

Elantas Beck India Ltd · ELANTAS

6.7
6.2
6.6
6.1
5.8
6.0
6.3
7.9
7.7
9.2
10.2
11.8
12.5
12.0
12.8
10.5
11.5
8.2
8.4
7.4

Fairchem Organics Ltd · FAIRCHEMOR⚠ unverified

11.6
13.9
10.6
10.0
10.7
10.4
7.1
5.1
6.9
5.9
6.2
5.8
6.9
5.5
5.4
3.8
4.2
3.4
3.1
2.0

Fine Organic Industries Ltd · FINEORG

14.4
13.1
14.5
15.7
20.0
16.6
13.7
13.8
15.6
9.5
8.9
7.2
9.7
8.4
6.6
5.8
7.7
6.2
5.2
4.9

Foseco India Ltd · FOSECOIND

5.3
4.9
4.4
4.2
5.1
5.9
6.4
8.5
8.5
6.5
8.8
9.9
7.5
6.4
8.6
9.3
3.3
3.5

Jyoti Resins and Adhesives Ltd · JYOTIRES

11.7
7.5
8.9
18.0
21.1
20.9
19.4
21.6
24.0
18.4
14.2
13.0
16.1
11.1
8.4
7.7
9.8
6.5
5.3

Laxmi Organic Industries Ltd · LXCHEM

5.7
13.9
9.9
9.4
7.5
6.7
5.8
4.5
5.3
5.2
5.3
4.4
4.7
4.4
3.6
2.6
3.1
3.0
2.4
1.6

Nitta Gelatin India Ltd · KERALACHEM

1.2
1.3
1.3
1.5
1.8
2.3
2.7
4.4
4.0
3.1
2.8
2.7
3.2
2.3
2.0
1.7
2.4
2.0
1.7
1.6

Oriental Aromatics Ltd · OAL⚠ unverified

5.6
5.8
4.4
4.2
3.4
2.7
2.3
2.0
1.9
1.9
2.2
1.6
2.1
2.7
2.1
1.4
2.0
1.7
1.5
1.2

Sacheerome Ltd · SACHEEROME⚠ unverified

4.4

Sigachi Industries Ltd · SIGACHI⚠ unverified

11.1
3.9
3.3
3.3
3.3
3.0
4.2
4.6
4.1
4.7
6.9
4.3
3.5
2.5
4.2
2.4
2.5
1.4
09 · let price answer last

Market action

Sacheerome Ltd has the strongest one-year price move in Chemicals - Organic at +145.8%. Nitta Gelatin India Ltd leads on Mansfield relative strength against NIFTY at +85.7%. 9 of 18 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Chemicals - Organic comparison names 6 specific ways its own evidence can mislead, all listed below. All 20 companies here report on comparable dates, so no rank carries a stale marker. 8 draw at least one figure from a second feed with too little overlap to cross-check. 2 have second-feed figures withheld because the two sources disagree.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 8 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
  • 2 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
10 · the complete set

Which companies are included?

All 20 companies in the canonical Chemicals - Organic membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. 3 of these are no longer being priced, so their price and relative strength are frozen at the last traded week shown.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentalsSource standing
BASF India Ltd BASF₹15.9K Cr₹3,6702026-07-19Mar 2026Cross-checked
Fine Organic Industries Ltd FINEORG23/26 WEEKS₹14.8K Cr₹4,8282026-07-19Mar 2026Cross-checked
Elantas Beck India Ltd ELANTAS₹7.3K Cr₹9,2662026-07-19Mar 2026Second feed withheld
Balaji Amines Ltd BALAMINESAHEAD18/26 WEEKS₹7.0K Cr₹2,1742026-07-19Mar 2026Second feed withheld
Laxmi Organic Industries Ltd LXCHEMAHEAD₹5.1K Cr₹1822026-07-19Mar 2026Cross-checked
Foseco India Ltd FOSECOINDAHEAD₹3.8K Cr₹5,0482026-07-19Mar 2026Cross-checked
Citurgia Biochemicals Ltd CITURGIA₹1.9K Cr₹143Dec 2025Primary source only
Nitta Gelatin India Ltd KERALACHEM₹1.5K Cr₹1,6422026-06-07 · not currently pricedMar 2026Primary source only
Oriental Aromatics Ltd OALAHEAD⚠ unverified₹1.3K Cr₹3732026-07-19Mar 2026Includes unverified figures
Jyoti Resins and Adhesives Ltd JYOTIRES₹997 Cr₹8312026-03-08 · not currently pricedDec 2025Primary source only
Sigachi Industries Ltd SIGACHI⚠ unverified₹974 Cr₹25.52026-07-19Mar 2026Includes unverified figures
Fairchem Organics Ltd FAIRCHEMORAHEAD⚠ unverified₹967 Cr₹7682026-07-19Mar 2026Includes unverified figures
Sacheerome Ltd SACHEEROMEAHEAD⚠ unverified₹946 Cr₹4232026-07-19Mar 2026Includes unverified figures
Indo Amines Ltd INDOAMINAHEAD⚠ unverified₹940 Cr₹1292026-07-19Mar 2026Includes unverified figures
Gem Aromatics Ltd GEMAROMAAHEAD⚠ unverified₹930 Cr₹1782026-07-19Mar 2026Includes unverified figures
Shri Ahimsa Naturals Ltd SHRIAHIMSAAHEAD22/26 WEEKS⚠ unverified₹904 Cr₹3862026-07-19Mar 2026Includes unverified figures
Valiant Organics Ltd VALIANTORGAHEAD⚠ unverified₹737 Cr₹2632026-07-19Mar 2026Includes unverified figures
OCCL Ltd OCCLLTDAHEAD₹724 Cr₹1452026-07-19Mar 2026Primary source only
Shree Ganesh Remedies Ltd SGRL₹636 Cr₹4952026-03-08 · not currently pricedDec 2025Primary source only
GFL Ltd GFLLIMITED₹494 Cr₹45.02026-07-19Mar 2026Primary source only
How each company's sources stand: 8 of 20 companies draw at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear. 2 of 20 companies have a second data feed that is known to disagree with the primary source, so nothing from it is drawn: Elantas Beck India Ltd (ELANTAS) — its two data sources disagree by up to 3.2% on reported income across 14 comparable periods, so its derived ratios are withheld; Balaji Amines Ltd (BALAMINES) — its two data sources disagree by up to 25% on reported income across 14 comparable periods, so its derived ratios are withheld.
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 20 Chemicals - Organic companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Mar 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing4 cross-checked · 14 unverified · 2 withheld, of 20 graded companies.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Questions investors ask · short, speakable answers

Chemicals - Organic company comparison FAQs

These 18 answers restate the Chemicals - Organic comparison above in question form. Every one is computed from the same 20 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.

What is the Nifty Chemicals - Organic index?

The Nifty Chemicals - Organic index tracks India's listed Chemicals - Organic companies as a single basket. This page follows the same 20 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Chemicals - Organic sector rather than to its largest constituent. Figures are as of Mar 2026.

Which are the best Chemicals - Organic stocks in India?

Ranked by this page's four-factor score, Nitta Gelatin India Ltd places first among 20 listed Chemicals - Organic companies, followed by Shri Ahimsa Naturals Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Mar 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Chemicals - Organic stocks are listed in India?

This comparison covers 20 listed Chemicals - Organic companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Mar 2026.

Which Chemicals - Organic company is the biggest?

BASF India Ltd is the largest, with trailing-twelve-month revenue of ₹15,078 crore, ahead of Laxmi Organic Industries Ltd at ₹2,847 crore. That covers 18 of 20 companies with comparable reporting through Mar 2026.

Which Chemicals - Organic company is growing fastest?

OCCL Ltd has the fastest revenue growth at 65.4% year on year, across 17 of 20 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Chemicals - Organic company has the best profit margins?

Shree Ganesh Remedies Ltd has the highest operating margin at 31.9%, from 19 of 20 comparable companies. GFL Ltd shows the biggest recent improvement, at +2562 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Chemicals - Organic company makes the most profit?

BASF India Ltd earns the most, at ₹420 crore of trailing-twelve-month net profit, from 18 of 20 comparable companies. OCCL Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Chemicals - Organic company earns the highest return on capital?

Jyoti Resins and Adhesives Ltd leads on return on capital employed at 50%, across 20 of 20 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Chemicals - Organic stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Laxmi Organic Industries Ltd screens cheapest at 1.14×. Only 4 of 20 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Chemicals - Organic company has the strongest balance sheet?

Elantas Beck India Ltd carries the lowest comparable gross debt at ₹0 crore, from 20 of 20 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Chemicals - Organic stock has the strongest price momentum?

Nitta Gelatin India Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Chemicals - Organic company scores highest for research priority?

Nitta Gelatin India Ltd scores 84.9 out of 100 with 83.2% evidence confidence, from 30.4 points on growth and earnings, 20.1 on capital efficiency, 14.4 on valuation and 20 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Chemicals - Organic companies does this comparison cover, and over what period?

It compares 20 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Mar 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Chemicals - Organic sector?

The 20 Chemicals - Organic companies on this page carry ₹67,818 crore of combined market value. BASF India Ltd is the largest at ₹15,887 crore, about 23% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

What is the Chemicals - Organic sector's P/E ratio?

The median price-to-earnings ratio across the 20 Chemicals - Organic companies on this page is 35.1×, measured on the 19 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.

How is the Chemicals - Organic sector performing?

9 of the 18 covered Chemicals - Organic companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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